6.3 million EPF contributors under 55 have less than RM10,000 in savings

KUALA LUMPUR: The issue of insufficient savings in the Employees Provident Fund (EPF) is at a serious level, with 6.3 million members under the age of 55, or 48 per cent, having less than RM10,000 in their accounts as of September 30, said the Ministry of Finance.